
Apparently the new term is "rightsizing". I'm certain it was anything but right for the folks who were shown the door after ten plus years of service. They did nothing wrong, but in today's environment that's immaterial since there is no longer any such thing as "job security". In fact, that quaint old notion should probably be removed from the American lexicon. It disappeared by the end of the 70s if I'm not mistaken.
Unfortunately, the corporations have to bend in order to avoid being broken by the current economic landscape. In the case of my employer, it means cutting off fingers to save the hand. In my case, I'm holding out hope that I may be one of the prehensile thumbs that they just can't grasp the business without.